Crypto

84 percent of U.S. Democratic voters view crypto less favorably than oil firms, poll shows, complicating CLARITY Act vote

Strong negative views of the cryptocurrency industry among Democratic supporters are adding pressure on efforts to advance the CLARITY Act, a crypto regulation bill facing a procedural vote this week. A poll by Nornington Petts found 84 percent of Democratic primary voters were unfriendly toward candidates backed by the crypto industry. Industry figures stress bipartisan progress, but some Democratic senators say the Republican draft falls short, and prediction markets assign modest odds of final passage.

Crypto

Clarity bill missing from U.S. Senate schedule, Aug. 7 seen as pivotal

The Clarity Act, a crypto market structure bill, was left off the U.S. Senate’s Aug. 4 floor schedule, meaning senators would need to take additional steps within days to move it before recess. Only a procedural item tied to H.R.6500 is currently listed for a recorded vote. A key procedural date is Aug. 7, linked to a potential cloture vote. Passage would still require further debate and votes.